Brief: Tech Invest Group hired as advisor for shares sale of car rental company

Erato Energy SA

12/10/2016 07:06

Oct 12 (Reuters) - Tech Invest Group SA  TIGP.WA : 
    * Said on Tuesday that on Oct. 11 it received agreements 
signed between the company and all shareholders of the company 
operating in the car rental market (the car rental company) 
    * Under the agreements, Tech Invest Group will provide 
advisory services in the sale of shares of the car rental 
company, search for a buyer and mediating the sale transaction 
    * The price for all shares of the car rental company has 
been established at no lass than 45.1 million zlotys  ($11.81 
million) 
    * The share sale agreement are to be signed by March 30, 
2017 and Tech Invest Group has exclusivity to act as the sole 
intermediary in transactions until Dec. 31, 2016 
    * The remuneration of Tech Invest Group is set as a 
percentage and will calculated based on the transaction price 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1164273 
     
 Further company coverage:  TIGP.WA   
    
 
 
 
($1 = 3.8193 zlotys) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))